Rutland City, VT 05701,43 Summer ST
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Rutland City, VT 05701,43 Summer ST
Rutland City, VT 05701,43 Summer ST
Rutland City, VT 05701,43 Summer ST
Rutland City, VT 05701,43 Summer ST
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Listed by Betsy Adamovich • Real Broker LLC
$ 479,000
Est. payment /mo
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Active

43 Summer ST Rutland City, VT 05701

8 Beds

8 Baths

3,896 SqFt


UPDATED:

10/08/2024 03:50 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,896 sqft

Price per Sqft $122

MLS Listing ID 5017747

Bedrooms 8

Full Baths 8

Construction Status Existing

Year Built 1860

Lot Size 4,791 Sqft

Acres 0.11

Property Description

Investment Opportunity: 8-Unit Multifamily in Rutland City Don?t miss this rare opportunity to own an 8-unit multifamily property located at 43 Summer St in Rutland City. The property includes 6 one-bedroom units, 1 two-bedroom unit, and a studio apartment. Current rents are well below market rate, presenting an ideal chance for an investor to boost cash flow and improve the overall cap rate by raising rents to reflect the true market potential. Situated in a convenient downtown location, this property provides easy access to local amenities, shops, and restaurants, making it highly attractive to tenants. With the rising demand for rental housing in Rutland, this property is well-positioned for long-term growth and value. Whether you're a seasoned investor or just starting to build your portfolio, this property offers significant upside potential.

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning MR1

Rooms

Basement Entrance Interior

Basement Partial, Unfinished

Interior

Heating Oil

Cooling None

Exterior

Utilities Available Cable - Available, Telephone Available

Roof Type Shingle

Building

Story 2

Foundation Stone

Sewer Public

Construction Status Existing


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43 Summer ST